Source: CELUSD Chart by TradingView
Celsius Network is a P2P decentralized lending & borrowing platform. CEL (ERC20 Degree Token) is the backbone of the Celsius Network, creating a value-driven lending and borrowing platform for all of their members.
There are seven planned utilities for the CEL token: priority in line for loans, better dollar loan rates, better-earning rates, better coin loan rates, and premium support.
Galaxy Digital wins bid for GK8 in Celsius bankruptcy asset auction
Galaxy Digital acquires custody solution firm GK8 to sure up its product line up.
BitBoy alleges O’Leary was key player in Celsius collapse along with FTX
Bitboy alleged that Kevin O'Leary was a key player in the Celsius collapse and had close ties to Sam Bankman-Fried.
US Trustee opposes Celsius’ $2.9M employee bonus plan
The U.S. Trustee argued that it is not logical that for a company that owes billions of dollars, to propose a multi-million bonus scheme for its employees.
Celsius receives court approval for bidding proposal, final judgement expected Dec. 22
Celsius filed for a bidding proposal on Oct. 3 seeking the court's approval to sell its remaining assets.
S. Daniel Leon
Founding President & COO
Ronit Dvir Bacalu
Blockchain Architect Lead
Lead Backend Engineer
Lead Frontend Engineer
1 CEL = $0.30 USD
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